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dc.contributor.authorMauritzen, Johannes
dc.contributor.authorTangerås, Thomas
dc.date.accessioned2019-10-08T08:47:59Z
dc.date.available2019-10-08T08:47:59Z
dc.date.created2019-01-23T09:58:09Z
dc.date.issued2019
dc.identifier.citationJournal of Industrial Economics. 2018, 66(4), 904-941nb_NO
dc.identifier.issn0022-1821
dc.identifier.urihttp://hdl.handle.net/11250/2620784
dc.description.abstractThis paper develops a theoretical framework to analyze the link between real‐time and day‐ahead competition in a hydro‐based wholesale electricity market. Predictions of the model are tested on a detailed data set of trades and prices from the Nordic power exchange, Nord Pool. We study market performance before and after a reform that increased the number of price areas (local markets) in Sweden, and reject the hypothesis of perfect competition in some of the Swedish price areas. Our results suggest that firms exercised some local market power during the sample period.nb_NO
dc.description.sponsorshipThis research was conducted within the "Economics of Electricity Markets" program at IFN. We gratefully acknowledge financial support from Energiforsk, Jan Wallanders och Tom Hedelius Stiftelse, the Swedish Competition Authority and the Swedish Energy Agency.nb_NO
dc.language.isoengnb_NO
dc.publisherWileynb_NO
dc.relation.urihttp://jmaurit.github.io/research/real-time-versus-4.pdf
dc.titleReal‐time versus day‐ahead market power in a hydro‐based electricity marketnb_NO
dc.typeJournal articlenb_NO
dc.typePeer reviewednb_NO
dc.description.versionacceptedVersionnb_NO
dc.source.pagenumber904-941nb_NO
dc.source.volume66nb_NO
dc.source.journalJournal of Industrial Economicsnb_NO
dc.source.issue4nb_NO
dc.identifier.doi10.1111/joie.12186
dc.identifier.cristin1663450
cristin.unitcode158,13,0,0
cristin.unitnameInstitutt for regnskap, revisjon og foretaksøkonomi
cristin.ispublishedtrue
cristin.fulltextpostprint
cristin.qualitycode2


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